The public float for DADA is 65.50M, and currently, shorts hold a 5.56% of that float. The average trading volume for DADA on May 25, 2023 was 1.80M shares.
DADA) stock’s latest price update
Dada Nexus Limited (NASDAQ: DADA)’s stock price has plunge by -2.11relation to previous closing price of 5.28. Nevertheless, the company has seen a -11.65% plunge in its stock price over the last five trading sessions.
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DADA’s Market Performance
Dada Nexus Limited (DADA) has seen a -11.65% fall in stock performance for the week, with a -8.52% decline in the past month and a -41.93% plunge in the past quarter. The volatility ratio for the week is 6.27%, and the volatility levels for the past 30 days are at 7.21% for DADA. The simple moving average for the past 20 days is -11.84% for DADA’s stock, with a -29.59% simple moving average for the past 200 days.
DADA Trading at -23.09% from the 50-Day Moving Average
After a stumble in the market that brought DADA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.85% of loss for the given period.
Volatility was left at 7.21%, however, over the last 30 days, the volatility rate increased by 6.27%, as shares sank -9.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.54% lower at present.
During the last 5 trading sessions, DADA fell by -11.03%, which changed the moving average for the period of 200-days by -17.64% in comparison to the 20-day moving average, which settled at $5.83. In addition, Dada Nexus Limited saw -25.85% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DADA
Current profitability levels for the company are sitting at:
- -23.92 for the present operating margin
- +37.11 for the gross margin
The net margin for Dada Nexus Limited stands at -21.44. The total capital return value is set at -40.32, while invested capital returns managed to touch -37.02. Equity return is now at value -24.40, with -19.10 for asset returns.
Based on Dada Nexus Limited (DADA), the company’s capital structure generated 2.01 points at debt to equity in total, while total debt to capital is 1.98. Total debt to assets is 1.56, with long-term debt to equity ratio resting at 0.24. Finally, the long-term debt to capital ratio is 0.23.
When we switch over and look at the enterprise to sales, we see a ratio of 0.56, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 6.12 and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.17.
Conclusion
In conclusion, Dada Nexus Limited (DADA) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
